Affordable Countries to Study Abroad

Affordable Countries to Study Abroad

Tuition Fee

The tuition fee varies according to the different universities, courses, and cities within a country. While enrolling in certain colleges would require you to apply for an Education Loan, Undergraduate courses which are for a longer duration is going to cost students more than the usual one-two years of postgraduate study, however, the tuition fee is not to be taken as a yardstick for the quality of education being provided in the intuition. Moreover, tuition fees for government-funded institutions are much lesser than private universities. There are a number of scholarships and grants available for students to apply, which would significantly reduce their studying expenses.

Below is a table that shows the average first-year cost of studying in that particular country.

Countries

MBA

MS

BE/BTech

USA

21.41L

16.99L

19.88L

Canada

13.58L

10.20L

11.50L

Australia

17.30L

18.12L

14.35L

UK

16.63L

14.51L

14.38L

New Zealand

11.42L

10.6L

10.78L

Living Costs

On average, a student spends approximately $10,000–$12,000 per year on living expenses. But this amount entirely depends on the location where a student inhabits. If a student decides to reside in a metropolitan city, he would be spending more than a student who opts for a hostel or suburban accommodation. The living expenses generally include accommodation costs, room, and boarding, food, travel, textbooks, weather-appropriate clothing, and entertainment expenses as well. Other expenses that are taken into consideration under living expenses include, travel expenses between India and the country of choice during vacation time; large purchases, such as PC, furniture, or even a rental car; medical expenses not covered by health insurance, e.g. dental care, eye care, cosmetic treatments; social outings; weekend trips and personal and variable expenses. Keeping these factors in mind, we have gathered an all-inclusive average living expenses index for students wanting to travel abroad.

Country

Living Expenses (in lakhs)

USA

8.0

Canada

5.5

Australia

10.30

United Kingdom

10.2 (within London)

8.2 (outside London)

New Zealand

7.5

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